KIOCLBSEKIOCL Ltd· Ferrous MetalsHighNegative
Announced Mon, 5 May, 2025 · 16:24 IST

With reference to our earlier letter No. S/BC/1 (18-5)/2025/065 dated 25.04.2025, KIOCL Limited hereby intimates the resignation of Shri K V Balakrishnan Nair as the Company Secretary and ....

Kmp ResignedManagement Changes View source PDFExplain this filing

KIOCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
-3.1%Reaction day
₹251.15
prior close
₹252.00
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-2.6%-0.5% vs market
Ferrous Metals peers, median of 20sector · industry level-2.9%-0.2% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Microcap 250 and 0.2 pts less than its Ferrous Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
-0.3
10m
-0.5
15m
-0.1
30m
-0.8
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-3.1-2.6-0.5-2.9-0.2
Next day
-2.8-1.4-1.5-2.4-0.5
2d
-6.4-2.2-4.2-3.0-3.4
3d
-5.9-2.3-3.6-4.0-1.9
4d
+0.3+2.2-1.9+2.0-1.7
5d
+1.3+3.9-2.6+3.6-2.3
1w
+8.7+6.6+2.1+7.4+1.4
15d
+12.3+9.5+2.8+7.9+4.4
1m
+26.4+11.4+15.0+10.0+16.4
2m
+16.6+13.8+2.8+13.4+3.1
3m
+44.5+9.9+34.5+9.7+34.8
UpDownMarket · Nifty Microcap 250Sector · Ferrous Metals peers, median of 20Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

KIOCL Ltd has informed stock exchanges that Shri K V Balakrishnan Nair has resigned from the post of Company Secretary and Compliance Officer of the company with effect from 25 April 2025. The company stated he resigned to pursue a career opportunity outside KIOCL. He was serving on a contract basis as Consultant (Company Secretary) since 1 July 2024. The communication was signed by Chairman-cum-Managing Director Ganti Venkat Kiran.

Likely market impact

This is a KMP-level departure, but the role was held on contract and the exit was planned and orderly, so the immediate operational impact is limited. Investors should watch for timely appointment of a full-time Company Secretary, as this is a critical compliance role.